A buyer's agent represents the purchaser in a real estate transaction, helping them find properties, evaluate them, negotiate, and navigate the close, in exchange for a commission.
Log in to followI proposed this in March expecting to be laughed at. The agent I liked was pricing at 2.5 flat, and about half of what I was looking at was coming out of my own scraping of assess…
Closed on 40 acres of mostly wooded ground with road frontage, 240k, in a county two hours from where I live. Compensation structure: flat 6,500 to my broker, agreed in writing be…
Closed a 265k three bedroom rental in a boring inner suburb. Nothing clever about the property. The compensation part is the only interesting piece. I'd been watching this submark…
Eleven months, 31 houses, one purchase at 348,000. The thing I'd tell anyone who plans slowly is that a single long agreement gives you nothing to talk about, and a short one that…
240k house, cosmetic work plus a garage I wanted. My thinking was simple. I know construction, I can read a house better than most agents, so why pay 2.5% for someone to open a do…
Bought a 318k three bedroom, my second property. I do a lot of due diligence on everything except, apparently, the thing I signed on day one. My rep agreement said 2.5%, 7,950 at…
The first draft the agent handed me was 12 months, the whole state, 3 percent. I read it twice, then read it a third time, and the part that bothered me wasn't the percent. It was…
Signed an exclusive right to represent in January. Six months, area described as "the metro area and surrounding counties," 2% of purchase price. I read it, understood the words,…